Cash for Trash at ecoATM Electronic Device Recycling Kiosks
May 07, 2014 01:33AM
A nationwide network of 900 automated electronics recycling kiosks, ecoATM, is adding 16 kiosks in the greater Dallas-Fort Worth area, for a total of 32 in shopping malls and select Walmart stores. ecoATM provides cash payments as an incentive for consumers to recycle mobile phones, tablets and music players.
ecoATM kiosks accept devices of any age or condition, using a worldwide auction system to offer consumers competitive prices up to hundreds of dollars for smartphones. Customers can choose to donate a portion or all of their cash payment to a number of charity partners. President Maria Stipp states, “ecoATM’s mission is to provide an opportunity for people to convert their clutter into cash while doing the right thing for the environment by keeping tons of potentially toxic waste out of our nation’s landfills.” The collection of 2 million devices, weighing 500,000 pounds, to date has enabled the recovery or reuse of 70,000 pounds of copper and 1,544 pounds of silver.
ecoATM uses artificial intelligence and machine vision to identify and evaluate more than 4,000 different electronic devices. When depositing a device into an ecoATM kiosk, the device is plugged in and scanned for type, serial number and condition. The seller must show valid identification. and provide a thumbprint and a signature, agreeing that the phone is his or her property. Cameras monitored by live attendees at the ecoATM headquarters match the seller to their ID before cash is dispensed. All transactions and personal information are reported daily to local police to avoid accepting stolen goods, ensuring compliance above and beyond Texas’ second-hand dealer laws. ecoATM finds a new home for 75 percent of the devices it collects and responsibly recycles the rest.
For more information, visit ecoatm.com.